AMC Entertainment Stock Is Tumbling Monday: What's Going On?
AMC Entertainment Stock Is Tumbling Monday: What's Going On?
AMC Entertainment Holdings Inc (NYSE:AMC) shares are trading lower Monday following the company's second-quarter financial results. Here's what you need to know.
AMC院线控股股份有限公司（NYSE：AMC）股价周一下跌，此前公司公布了第二季度财务报告。以下是您需要知道的内容。
What To Know: After the market close on Friday, AMC reported second-quarter revenue of $1.03 billion, in line with analyst estimates, according to Benzinga Pro. The company also reported a second-quarter adjusted loss of 43 cents per share.
需要了解的内容：据Benzinga Pro称，周五市场收盘后，AMC报告了第二季度营业收入为10.3亿美元，符合分析师的预期。该公司还报告了每股调整后的二季度亏损为43美分。
Adjusted EBITDA came in at $29.4 million in the quarter. The company noted that it achieved its highest adjusted EBITDA in company history in June. AMC ended the quarter with $770.3 million in cash and cash equivalents.
调整后的EBITDA在本季度达到了2940万美元。该公司指出，6月份实现了公司历史上最高的调整后EBITDA。AMC以现金及现金等价物形式结束了本季度，数额为77030万美元。
"As expected, the second quarter started slowly with the box office adversely impacted by the 2023 Hollywood writers and actors strikes. However, the quarter finished with incredible strength powered by the success of Disney's INSIDE OUT 2, which is now the highest grossing animated movie of all time. AMC saw a remarkable contrast between the early quarter with a dearth of movie releases and the end of the quarter with a record setting movie delighting audiences in our theatres," said Adam Aron, chairman and CEO of AMC.
“正如预期的那样，第二季度以好莱坞作家和演员罢工对票房的负面影响而缓慢启动。然而，季度结束时，人们满意地看到迪士尼的里奥之内2是有史以来票房最高的动画电影，这给观众和我们的电影院带来了高涨的情绪。” AMC的董事长兼首席执行官亚当·阿伦说。
Why It Matters: Aron stressed that AMC operated as if it were "two different companies" in the beginning of the quarter versus the end of the quarter. The strong adjusted EBITDA momentum from June continued into July, Aron said.
阿伦强调，AMC在本季度开始阶段与本季度结束阶段的运营方式如同“两家不同的公司”。阿伦说，6月份的强劲调整后的EBITDA动能延续到了7月份。
"With a long list of blockbuster movie titles opening in theatres during the remainder of the year and into 2025 and 2026, the industry-wide box office now appears to us to be poised for sustained growth. Looking ahead, we believe that bodes ever so well for the increasing cash generation potential from AMC's movie theatres both at home and abroad," Aron said.
阿伦说：“随着一系列重磅电影在今年余下时间以及在2025年和2026年的期间陆续上映，全行业的票房现在看起来已经为持续增长做好了准备。展望未来，我们相信这对AMC在国内外电影院不断增加的现金收入潜力是个好兆头。”
AMC noted that it completed several financing transactions during the quarter that took up $2.45 billion of its debt, extending maturities to 2029 and 2030. The company said the stage is now set for "continued recovery" at AMC.
AMC指出，本季度完成了几笔融资交易，占据了其债务的24.5亿美元，将到期时间延长至2029年和2030年。该公司表示，阶段现在已经为AMC的“持续复苏”铺平了道路。
Following the print, Wedbush analyst Alicia Reese reiterated AMC with a Neutral rating and maintained a price target of $4.
Benzinga Pro后，Wedbush分析师Alicia Reese重申对AMC的中立评级，并维持4美元的价格目标。
AMC Price Action: AMC shares were down 14% at $4.25 at the time of publication, according to Benzinga Pro.
AMC股票在发表时下跌14％，为每股4.25美元。
Photo: Paul Sableman from Flickr.
图片来源：来自Flickr的Paul Sableman。